Six Questions for Fed Chairman Ben Bernanke. Fed chairman Ben Bernanke at a Senate banking committee hearing in March. © James Berglie/ZUMAPRESS.com On Wednesday, Ben Bernanke will do what no other Fed chairman before him has ever done: Hold a press conference.
That's big news for the quasi-governmental body known as the "Temple of Secrets," which controls the flow of money in the economy and often acts as a lender of last resort for crumbling banks. On Wednesday afternoon, the Fed will host reporters after a two-day meeting of its Federal Open Markets Committee, the Fed's main body shaping monetary policy in the US. With public distrust of the Fed soaring, the much-anticipated event gives Bernanke a chance to openly discuss the Fed's deliberations and try to build trust in the 98-year-old institution. Bernanke will speak directly to the media at the Fed's headquarters in Washington, DC, then take 45 minutes of questions. Rolling Stone Politics. The Real Housewives of Wall Street.